Nasdaq falls 1 percent

NEW YORK (Reuters) - Wall Street stocks fell on Monday as investors locked in gains on a recent rally ahead of possible policy action from the Federal Reserve later this week, while weakness in Intel shares weighed on the Nasdaq, which fell more than 1 percent

The Dow Jones industrial average <.DJI> dropped 43.63 points, or 0.33 percent, to 13,263.01. The Standard & Poor's 500 Index <.SPX> dropped 8.08 points, or 0.56 percent, to 1,429.84. The Nasdaq Composite Index <.IXIC> dropped 31.00 points, or 0.99 percent, to 3,105.43.

(Reporting by Edward Krudy; Editing by Dan Grebler)